Canadian Prize Energy completes drilling and testing of gas well

Jul 24, 2000 02:00 AM

Prize Energy of Calgary, Alberta announced that it has completed drilling and testing of its LSD 16 of Section 34 - 58 - 21 - W3 mm gas well resulting in a new 100 % owned working interest natural gas discovery in the Makawa area of Northern Saskatchewan. The new well AOF tested at 5.07 mm cfpd and is expected to be tied-in for production within the next 30 days.
The Company has a multi-well program underway in Saskatchewan and said that site preparation has been completed on its 100 % owned Bronson Lake prospect and drilling on this Saskatchewan shallow gas prospect is expected to commence within the next 10 days at LSD. 11 of Section 30 TP 56 - R 25 - W4 mm

Prize Energy Inc. (PZI) is an independent public oil and gas company with its head office in Calgary, Alberta Canada.

Source: Business Wire via Newspage
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